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19.0¢ vimy resources limited

27c recommendation, page-125

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Uranman

217 Posts.

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31/03/21

12:19

Post #: 52169572
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Originally posted by reach_k: ↑

Hi all, I have just become a shareholder of VMY as I love the prospect of the company.

This might be a stupid question - why did we use a contract price assumption of USD55/lb, which is higher than the current spot price which is about $30?

I'm a little bit confused in connecting the numbers in the NPV calculation vs the price sensitivity chart as well (bottom right corner of the slide). Based on the NPV of $393m, seems like the U3O8 price should be above $47.5 (i.e. not $55). Can someone please enlighten me?

Thanks.

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reach_k, I think you will find that you're comparing US$ (NPV393) and A$ hence the difference.

VMY Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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